NNN REIT INC. 2024-2025 Proxy Voting Records

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Steven D. Cosler

NNN REIT INC.’s own tally for this item (“Elect Director: Steven D. Cosler”): 156,173,203 for, 2,319,059 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 85,626,757 for, 2,282 against, 34,445 abstained.

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Betsy D. Holden

NNN REIT INC.’s own tally for this item (“Elect Director: Betsy D. Holden”): 153,984,431 for, 4,512,729 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,531,109 for, 5 against, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: David M. Fick

NNN REIT INC.’s own tally for this item (“Elect Director: David M. Fick”): 153,010,878 for, 5,485,896 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,519,296 for, 11,818 against, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Edward J. Fritsch

NNN REIT INC.’s own tally for this item (“Elect Director: Edward J. Fritsch”): 153,173,929 for, 5,310,584 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,407,570 for, 123,544 against, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Elizabeth C. Gulacsy

NNN REIT INC.’s own tally for this item (“Elect Director: Elizabeth C. Gulacsy”): 156,758,277 for, 1,734,191 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,531,112 for, 2 against, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Kamau O. Witherspoon

NNN REIT INC.’s own tally for this item (“Elect Director: Kamau O. Witherspoon”): 156,151,520 for, 2,016,820 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,531,111 for, 3 against, 1 withheld, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Pamela K. M. Beall

NNN REIT INC.’s own tally for this item (“Elect Director: Pamela K. M. Beall”): 156,398,748 for, 1,779,706 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,531,111 for, 2 against, 1 withheld, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: To elect eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified: Stephen A. Horn, Jr.

NNN REIT INC.’s own tally for this item (“Elect Director: Stephen A. Horn, Jr.”): 156,177,909 for, 2,298,627 against, per its Form 8-K filed May 13, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Proposal 1: Election of Directors The eight nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified.”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 111 asset managers below reported 85,530,976 for, 138 against, 34,445 abstained.

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

Description as filed by funds: Non-binding advisory approval of the compensation of our named executive officers as described in this Proxy Statement.

NNN REIT INC.’s own tally for this item (“2. An Advisory Vote on Executive Compensation”): 152,393,276 for, 5,930,358 against — passed, per its Form 8-K filed May 13, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 2: An Advisory Vote on Executive Compensation The Company's stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as set forth below:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of NNN REIT INC.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (18 managers, Fund and manager reports combined; may count the same shares twice; no share total shown); “Section 14A say-on-pay votes” (2 managers, 7,387 for).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 108 managers: 85,073,336 for, 168,750 against, 34,445 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 382 managers: 92,731,468 for, 4,160,842 against, 13,263 abstained, 5,290 not voted. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: RATIFICATION OF THE SELECTION OF OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2025.

NNN REIT INC.’s own tally for this item (“3. Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm f”): 171,002,436 for, 913,620 against — passed, per its Form 8-K filed May 13, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Proposal 3: Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025, was ratified as set forth…”
Support: 99.4% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 112 asset managers below reported 85,616,760 for, 11,813 against, 34,445 abstained.

Showing the 25 largest of 112 asset managers. See all 112 in the interactive database.